UBS Group Analysts Give Rheinmetall (RHM) a €117.00 Price Target

Share on StockTwits

UBS Group set a €117.00 ($136.05) price objective on Rheinmetall (ETR:RHM) in a research note released on Thursday morning, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.

Other analysts have also issued reports about the stock. Kepler Capital Markets set a €121.00 ($140.70) price target on shares of Rheinmetall and gave the company a buy rating in a research report on Friday, August 3rd. Warburg Research set a €117.00 ($136.05) price target on shares of Rheinmetall and gave the company a buy rating in a research report on Monday, August 6th. Cfra set a €110.00 ($127.91) price target on shares of Rheinmetall and gave the company a neutral rating in a research report on Friday, August 3rd. Societe Generale set a €130.00 ($151.16) price target on shares of Rheinmetall and gave the company a buy rating in a research report on Thursday, August 2nd. Finally, Commerzbank set a €135.00 ($156.98) price target on shares of Rheinmetall and gave the company a buy rating in a research report on Thursday, August 2nd. Eight research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of €114.13 ($132.70).

RHM stock opened at €75.78 ($88.12) on Thursday. Rheinmetall has a 12 month low of €71.11 ($82.69) and a 12 month high of €116.80 ($135.81).

Rheinmetall Company Profile

Rheinmetall Aktiengesellschaft manufactures and supplies automotive components and defense equipment in Germany and internationally. The company's automotive products include mechatronics, such as cutting emissions, actuators, and solenoid valves, as well as water, oil, and vacuum pumps; hardparts, including pistons, engine blocks, structural components and cylinder heads, plain bearings, and bushes; and replacement parts.

Further Reading: What is an Initial Public Offering (IPO)?

Analyst Recommendations for Rheinmetall (ETR:RHM)

Receive News & Ratings for Rheinmetall Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rheinmetall and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply